Investing · Compassionate Capital
Compassionate Capital Active Portfolio Management
Co-Founder & CEO, HalalWallet
Facts are re-verified against Compassionate Capital's published materials; this page updates when the provider's terms, rates, or coverage change.
Alongside the passive program, Virji Investments offers actively managed discretionary portfolios on a tiered asset-based fee, 2.00% a year on the first $99,999 falling to 1.00% above $1 million, with a general $50,000 minimum the firm may waive. Model portfolios span Conservative through Aggressive, including dedicated Sharia Growth and Sharia Aggressive objectives, managed with fundamental, quantitative, technical, and cyclical analysis across equities, fixed income, mutual funds, and ETFs. The firm also acts as a limited-scope 3(21) co-fiduciary for ERISA retirement plans and, for qualified clients ($500,000 minimum and SEC Rule 205-3 thresholds), runs an optional Performance Trading Portfolio that charges 25% of quarterly profits above a 1% high-water mark instead of an asset fee. All accounts are custodied at Charles Schwab.
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What is the Compassionate Capital Active Portfolio Management?
00% above $1 million, with a general $50,000 minimum the firm may waive. Model portfolios span Conservative through Aggressive, including dedicated Sharia Growth and Sharia Aggressive objectives, managed with fundamental, quantitative, technical, and cyclical analysis across equities, fixed income, mutual funds, and ETFs.
- Contract structure: Wealth Management.
- Available in 5 states.
- Shariah oversight disclosed: No Public Review.
- Verified against Compassionate Capital's published materials on 2026-10-27.
Source: HalalWallet (halalwallet.us)
Key facts
- Structure
- Wealth Management
- Program type
- Investment Platform
- Management fee
- 2.00% up to $99,999; 1.60% to $499,999; 1.20% to $999,999; 1.00% over $1M
- Minimum investment
- $50,000 (waivable)
- Screening method
- AAOIFI guidelines via SP Funds ETFs
- Focus
- Active Halal Wealth Management
- Account types
- Individual, Joint, Traditional IRA, Roth IRA, SEP IRA, Trust, 401(k) plan
- Purification reporting
- Yes
- Zakat calculation support
- No
- Availability
- 5 states
- Shariah oversight
- No Public Review
- Provider founded
- 2003
- Last verified
- 2026-10-27
Facts are taken from Compassionate Capital's published product materials and were last verified on 2026-10-27. Fields the provider does not publish are omitted rather than estimated.
Our take
The active tier makes sense mainly for clients who want a human adviser running a Sharia growth or aggressive mandate and have enough assets to reach the 1.20% or 1.00% tiers. Below that, the 0.50% passive program buys the same SP Funds exposure at a quarter of the cost, and the firm will likely steer small accounts there anyway.
Strengths
- Fee breaks are automatic as assets cross tiers, and fees are negotiable
- Sharia-specific model objectives exist, with the firm's 23-year track record behind them
Watch-outs
- 2.00% on the first $100K is expensive next to the 0.50% passive program and most halal robos
- Sharia objectives must be requested; the firm's default mandate includes conventional fixed income
- Performance-fee program is aggressive by the firm's own description and limited to high-net-worth clients
Is the Compassionate Capital Active Portfolio Management halal?
The active program is only halal if you choose a Sharia objective: Form ADV lists Sharia Growth and Sharia Aggressive among the firm's model objectives alongside conventional ones, and the firm's general mandate covers equities, fixed income, mutual funds, and ETFs without restriction. Ask for the Sharia models explicitly and confirm in the advisory agreement that conventional fixed income is excluded. The screening behind the Sharia models follows the same AAOIFI guidelines the firm cites on its FAQ and draws on ShariaPortfolio's methodology, which excludes companies with more than 5% prohibited revenue or more than roughly a third of market cap in interest-bearing debt and bars preferred shares and interest-paying securities. The Performance Trading Portfolio is described by the firm as aggressive and formula-driven and can incorporate Sharia Aggressive and Sharia Growth components; a profit-share fee on a halal portfolio is permissible in principle, but the strategy's risk profile is the larger question for most investors.
Shariah oversight disclosed by Compassionate Capital
No named Shariah scholar or board at the adviser level. Compassionate Capital says its approach follows AAOIFI guidelines; passive portfolios are built from the affiliated SP Funds ETFs, whose sub-adviser ShariaPortfolio retains Sharia Advisor Shaykh Umer Khan. Form ADV discloses the affiliation as a conflict of interest.
HalalWallet reports the Shariah documentation a provider publishes. We do not issue certifications; consult a qualified scholar for a personal ruling.
What you get
- Discretionary active management with Sharia Growth and Sharia Aggressive model objectives
- Tiered fee from 2.00% to 1.00% with breaks at $100K, $500K, and $1M
- Limited-scope 3(21) co-fiduciary services for ERISA retirement plans
- Optional performance-fee program for qualified clients ($500K minimum, 25% of profits over a 1% quarterly hurdle)
- Charles Schwab custody; quarterly statements from Schwab
Cost and terms
Actively managed: 2.00% on portfolio value up to $99,999; 1.60% from $100,000 to $499,999; 1.20% from $500,000 to $999,999; 1.00% over $1,000,000. Billed quarterly in advance on prior-quarter value; negotiable within tiers. Minimum $50,000, waivable. Performance Trading Portfolio (qualified clients only, $500,000 minimum): 25% of quarterly trading profits above a 1.00% high-water mark, no asset fee. Retirement-plan 3(21) services billed via the plan TPA. Custodial and fund expenses are additional.
How it compares
Other investing providers we list in the U.S., ordered by HalalWallet Index grade.
| Product | Structure | Shariah oversight | Availability | Grade |
|---|---|---|---|---|
| Compassionate Capital Active Portfolio Management (this page) | Wealth Management | No Public Review | 5 states | Not graded |
| ShariaPortfolio Wealth Management | Wealth Management | Named Scholar | all 50 states | B |
| Wahed Invest Robo-Advisor | Robo-Advisor | Third-Party Certified | all 50 states | B |
| Manzil Trading (Self-Directed Halal Stock Trading) | Self-directed brokerage with real-time AAOIFI screening (Zoya) | Formal Board | all 50 states | A |
| SPFunds SP Funds S&P Global REIT Shariah ETF | Index-based | Third-Party Certified | all 50 states | A- |
Other Compassionate Capital products
- Compassionate Capital Passive Sharia Portfolios
Investing · Wealth Management
Where it's available
Compassionate Capital lists the Compassionate Capital Active Portfolio Management as available in 5 states.
Availability may vary by product and can change; verify with Compassionate Capital before applying.
Frequently asked questions
Is the Compassionate Capital Active Portfolio Management halal?
The active program is only halal if you choose a Sharia objective: Form ADV lists Sharia Growth and Sharia Aggressive among the firm's model objectives alongside conventional ones, and the firm's general mandate covers equities, fixed income, mutual funds, and ETFs without restriction. Ask for the Sharia models explicitly and confirm in the advisory agreement that conventional fixed income is excluded. Contract structure: Wealth Management. Shariah oversight disclosed by Compassionate Capital: No Public Review. HalalWallet reports what the provider documents; we do not certify products.
How does the Compassionate Capital Active Portfolio Management work?
00% above $1 million, with a general $50,000 minimum the firm may waive. Model portfolios span Conservative through Aggressive, including dedicated Sharia Growth and Sharia Aggressive objectives, managed with fundamental, quantitative, technical, and cyclical analysis across equities, fixed income, mutual funds, and ETFs.
What does the Compassionate Capital Active Portfolio Management cost?
Actively managed: 2.00% on portfolio value up to $99,999; 1.60% from $100,000 to $499,999; 1.20% from $500,000 to $999,999; 1.00% over $1,000,000. Billed quarterly in advance on prior-quarter value; negotiable within tiers. Minimum $50,000, waivable. Performance Trading Portfolio (qualified clients only, $500,000 minimum): 25% of quarterly trading profits above a 1.00% high-water mark, no asset fee. Retirement-plan 3(21) services billed via the plan TPA. Custodial and fund expenses are additional.
What are the minimums for the Compassionate Capital Active Portfolio Management?
As published by Compassionate Capital: minimum investment $50,000 (waivable). Confirm current requirements with Compassionate Capital before applying.
Where is the Compassionate Capital Active Portfolio Management available?
Compassionate Capital lists this product as available in 5 states. Availability can change and may differ by state; verify directly with Compassionate Capital.
What are the alternatives to the Compassionate Capital Active Portfolio Management?
In the same category we also list ShariaPortfolio Wealth Management (HalalWallet Index B), Wahed Invest Robo-Advisor (HalalWallet Index B), Manzil Trading (Self-Directed Halal Stock Trading) (HalalWallet Index A). Compare every option side by side on our Halal Investing hub.
When was this Compassionate Capital product information last verified?
HalalWallet last verified the Compassionate Capital Active Portfolio Management details against Compassionate Capital's published materials on 2026-10-27. Rates, fees, and availability can change after that date.
See something outdated or wrong?
This data was last verified . Report a correction and we will re-check the primary source, fix the record, and log the change on our public corrections page.
Report a correctionHow to use this comparison: Scholars rule; we organize the evidence. HalalWallet is an independent educational comparison platform - by design, we do not issue fatwas or provide financial, legal, or tax advice. We do the research homework so your final checks are quick and personal. Where our role ends and who takes over.
Product structures and Shariah oversight vary by provider, so finish with three built-in steps:
- Confirm current terms and halal compliance directly with the provider - their quote is final.
- Review the contract structure (Murabaha, Ijara, Musharakah, etc.) and any disclosed Shariah board opinions.
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Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-10-27
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